Basket Holdings: 1031AS OF 03/31/2026

SymbolCompanyWeight
NVDANVIDIA Corp11.59
AAPLApple Inc10.19
MSFTMicrosoft Corp7.52
AMZNAmazon.com Inc6.11
GOOGLAlphabet Inc Class A4.58
GOOGAlphabet Inc Class C4.27
AVGOBroadcom Inc4.01
TSLATesla Inc3.81
METAMeta Platforms Inc Class A3.42
Fidelity Securities Lending Cash Central Fund3.06
Net Other Assets3.01
WMTWalmart Inc2.71
COSTCostco Wholesale Corp1.21
NFLXNetflix Inc1.11
MUMicron Technology Inc1.04
AMDAdvanced Micro Devices Inc0.91
PLTRPalantir Technologies Inc Ordinary Shares - Class A0.91
CSCOCisco Systems Inc0.83
AMATApplied Materials Inc0.74
LRCXLam Research Corp0.73
Cash†0.67
TMUST-Mobile US Inc0.63
LINLinde PLC0.62
INTCIntel Corp0.60
PEPPepsiCo Inc0.58
AMGNAmgen Inc0.52
KLACKLA Corp0.52
TXNTexas Instruments Inc0.48
GILDGilead Sciences Inc0.47
ISRGIntuitive Surgical Inc0.44
ADIAnalog Devices Inc0.42
Fidelity Cash Central Fund0.42
SHOPShopify Inc Registered Shs -A- Subord Vtg0.40
HONHoneywell International Inc0.39
QCOMQualcomm Inc0.37
PANWPalo Alto Networks Inc0.36
BKNGBooking Holdings Inc0.36
INTUIntuit Inc0.33
APPAppLovin Corp Ordinary Shares - Class A0.33
VRTXVertex Pharmaceuticals Inc0.31
ASMLASML Holding NV ADR0.31
CMECME Group Inc Class A0.29
CEGConstellation Energy Corp0.28
SBUXStarbucks Corp0.28
CMCSAComcast Corp Class A0.28
ADBEAdobe Inc0.27
CRWDCrowdStrike Holdings Inc Class A0.27
SNDKSanDisk Corp Ordinary Shares0.26
EQIXEquinix Inc0.26
WDCWestern Digital Corp0.25
MELIMercadoLibre Inc0.24
STXSeagate Technology Holdings PLC0.23
MARMarriott International Inc Class A0.23
MRVLMarvell Technology Inc0.23
REGNRegeneron Pharmaceuticals Inc0.22
ADPAutomatic Data Processing Inc0.22
CSXCSX Corp0.21
SNPSSynopsys Inc0.21
ORLYO'Reilly Automotive Inc0.21
CDNSCadence Design Systems Inc0.21
MDLZMondelez International Inc Class A0.20
PDDPDD Holdings Inc ADR0.19
ROSTRoss Stores Inc0.19
AEPAmerican Electric Power Co Inc0.19
MNSTMonster Beverage Corp0.19
CTASCintas Corp0.18
WBDWarner Bros. Discovery Inc Ordinary Shares - Class A0.18
PCARPACCAR Inc0.17
FTNTFortinet Inc0.17
DASHDoorDash Inc Ordinary Shares - Class A0.17
BKRBaker Hughes Co Class A0.16
HOODRobinhood Markets Inc Class A0.15
FANGDiamondback Energy Inc0.15
EAElectronic Arts Inc0.14
LITELumentum Holdings Inc0.14
ADSKAutodesk Inc0.14
FASTFastenal Co0.14
ABNBAirbnb Inc Ordinary Shares - Class A0.14
MPWRMonolithic Power Systems Inc0.14
FERFerrovial SE0.13
NDAQNasdaq Inc0.13
XELXcel Energy Inc0.13
NXPINXP Semiconductors NV0.13
EXCExelon Corp0.13
ALNYAlnylam Pharmaceuticals Inc0.12
IDXXIDEXX Laboratories Inc0.12
TERTeradyne Inc0.12
COINCoinbase Global Inc Ordinary Shares - Class A0.11
DDOGDatadog Inc Class A0.11
MSTRStrategy Inc Class A0.11
ESLTElbit Systems Ltd0.11
FITBFifth Third Bancorp0.11
TRIThomson Reuters Corp0.11
ODFLOld Dominion Freight Line Inc Ordinary Shares0.11
EBAYeBay Inc0.11
CCEPCoca-Cola Europacific Partners PLC0.11
PYPLPayPal Holdings Inc0.11
INSMInsmed Inc0.10
KDPKeurig Dr Pepper Inc0.10
ROPRoper Technologies Inc0.10
MDLNMedline Inc Ordinary Shares - Class A0.10
RKLBRocket Lab Corp0.10
TTWOTake-Two Interactive Software Inc0.10
GEHCGE HealthCare Technologies Inc Common Stock0.09
CPRTCopart Inc0.09
PAYXPaychex Inc0.09
ACGLArch Capital Group Ltd0.09
MCHPMicrochip Technology Inc0.09
AXONAxon Enterprise Inc0.09
CHTRCharter Communications Inc Class A0.08
KHCThe Kraft Heinz Co0.08
NTRANatera Inc0.08
WDAYWorkday Inc Class A0.08
UALUnited Airlines Holdings Inc0.08
CTSHCognizant Technology Solutions Corp Class A0.08
KMBKimberly-Clark Corp0.08
IBKRInteractive Brokers Group Inc Class A0.08
CRWVCoreWeave Inc Ordinary Shares - Class A0.08
FISVFiserv Inc0.08
HBANHuntington Bancshares Inc0.08
TSCOTractor Supply Co0.07
DXCMDexCom Inc0.07
ONON Semiconductor Corp0.07
FLEXFlex Ltd0.07
FTAIFTAI Aviation Ltd0.07
UTHRUnited Therapeutics Corp0.07
NTRSNorthern Trust Corp0.07
GFSGLOBALFOUNDRIES Inc0.07
VRSKVerisk Analytics Inc0.07
BIIBBiogen Inc0.07
STLDSteel Dynamics Inc0.07
EXEExpand Energy Corp Ordinary Shares - New0.07
WTWWillis Towers Watson PLC0.07
EXPEExpedia Group Inc0.07
CASYCasey's General Stores Inc0.07
MRNAModerna Inc0.06
ARMARM Holdings PLC ADR0.06
FSLRFirst Solar Inc0.06
ZMZoom Communications Inc0.06
RGLDRoyal Gold Inc0.06
DLTRDollar Tree Inc0.06
NBISNebius Group NV Shs Class-A-0.06
ULTAUlta Beauty Inc0.06
VRSNVeriSign Inc0.06
ASTSAST SpaceMobile Inc Ordinary Shares - Class A0.06
CINFCincinnati Financial Corp0.06
ZSZscaler Inc0.06
LPLALPL Financial Holdings Inc0.06
ARGXargenx SE ADR0.06
SOFISoFi Technologies Inc Ordinary Shares0.06
FCNCAFirst Citizens BancShares Inc Class A0.06
PTCPTC Inc0.05
CSGPCoStar Group Inc0.05
AKAMAkamai Technologies Inc0.05
LNTAlliant Energy Corp0.05
LULULululemon Athletica Inc0.05
CGThe Carlyle Group Inc0.05
EVRGEvergy Inc0.05
ENTGEntegris Inc0.05
INCYIncyte Corp0.05
FWONKLiberty Media Corp Registered Shs Series -C- Formula One0.05
TROWT. Rowe Price Group Inc0.05
CHRWC.H. Robinson Worldwide Inc0.05
PFGPrincipal Financial Group Inc0.05
NXTNextpower Inc Class A0.05
JBHTJB Hunt Transport Services Inc0.05
SATSEchoStar Corp Class A0.05
RIVNRivian Automotive Inc Class A0.05
ILMNIllumina Inc0.05
ALABAstera Labs Inc0.05
RPRXRoyalty Pharma PLC Class A0.05
TSEMTower Semiconductor Ltd0.05
ROIVRoivant Sciences Ltd Ordinary Shares0.05
RVMDRevolution Medicines Inc Ordinary Shares0.05
NTAPNetApp Inc0.05
MDBMongoDB Inc Class A0.05
WWDWoodward Inc0.05
SBACSBA Communications Corp Class A0.05
APAAPA Corp0.04
SMMTSummit Therapeutics Inc Ordinary Shares0.04
VTRSViatris Inc0.04
CDWCDW Corp0.04
KSPIKaspi.kz JSC ADS0.04
CHKPCheck Point Software Technologies Ltd0.04
SSNCSS&C Technologies Holdings Inc0.04
HOLXHologic Inc0.04
FFIVF5 Inc0.04
MTSIMACOM Technology Solutions Holdings Inc0.04
CRDOCredo Technology Group Holding Ltd0.04
COOThe Cooper Companies Inc0.04
STRLSterling Infrastructure Inc0.04
RGCRegencell Bioscience Holdings Ltd0.04
RYAAYRyanair Holdings PLC ADR0.04
OKTAOkta Inc Class A0.04
KTOSKratos Defense & Security Solutions Inc0.04
SNYSanofi SA ADR0.04
LECOLincoln Electric Holdings Inc0.04
TIGOMillicom International Cellular SA0.04
BIDUBaidu Inc ADR0.04
EWBCEast West Bancorp Inc0.04
SMCISuper Micro Computer Inc0.04
NDSNNordson Corp0.04
AFRMAffirm Holdings Inc Ordinary Shares - Class A0.04
FUTUFutu Holdings Ltd ADR0.04
LOGNLogitech International SA0.04
NVMINova Ltd0.04
MEDPMedpace Holdings Inc0.04
ASNDAscendis Pharma AS ADR0.04
PODDInsulet Corp0.04
MKSIMKS Inc0.04
GRABGrab Holdings Ltd Class A0.04
BBIOBridgeBio Pharma Inc0.04
TLNTalen Energy Corp Ordinary Shares New0.04
PAAPlains All American Pipeline LP0.04
JDJD.com Inc ADR0.04
TWTradeweb Markets Inc0.04
TRMBTrimble Inc0.04
Us Dollar0.03
BSYBentley Systems Inc Ordinary Shares - Class B0.03
EXELExelixis Inc0.03
TEAMAtlassian Corp Class A0.03
IONSIonis Pharmaceuticals Inc0.03
ALGNAlign Technology Inc0.03
GHGuardant Health Inc0.03
SOLSSolstice Advanced Materials Inc0.03
NBIXNeurocrine Biosciences Inc0.03
TCOMTrip.com Group Ltd ADR0.03
DRSLeonardo DRS Inc0.03
COKECoca-Cola Consolidated Inc0.03
JAZZJazz Pharmaceuticals PLC0.03
DKNGDraftKings Inc Ordinary Shares - Class A0.03
JKHYJack Henry & Associates Inc0.03
DPZDomino's Pizza Inc0.03
ENSGEnsign Group Inc0.03
FIVEFive Below Inc0.03
AMKRAmkor Technology Inc0.03
FOXFox Corp Class B0.03
IRENIREN Ltd0.03
HASHasbro Inc0.03
MDGLMadrigal Pharmaceuticals Inc0.03
ERIEErie Indemnity Co Class A0.03
SFDSmithfield Foods Inc0.03
AEISAdvanced Energy Industries Inc0.03
ROKURoku Inc Class A0.03
LSCCLattice Semiconductor Corp0.03
FOXAFox Corp Class A0.03
WTFCWintrust Financial Corp0.03
VFSVinFast Auto Ltd0.03
BMRNBioMarin Pharmaceutical Inc0.03
BNTXBioNTech SE ADR0.03
GENGen Digital Inc0.03
ZBRAZebra Technologies Corp Ordinary Shares - Class A0.03
TXRHTexas Roadhouse Inc0.03
WYNNWynn Resorts Ltd0.03
AVAVAeroVironment Inc0.03
SEICSEI Investments Co0.03
PRAXPraxis Precision Medicines Inc Ordinary Shares0.03
FCFSFirstCash Holdings Inc0.03
BPOPPopular Inc0.03
CELHCelsius Holdings Inc0.03
PSKYParamount Skydance Corp Ordinary Shares - Class B0.03
NTESNetEase Inc ADR0.03
FRHCFreedom Holding Corp0.03
TTMITTM Technologies Inc0.03
PPCPilgrims Pride Corp0.03
SITMSiTime Corp Ordinary Shares0.03
CHRDChord Energy Corp Ordinary Shares - New0.03
DOCUDocusign Inc0.03
SAIASaia Inc0.03
RMBSRambus Inc0.03
ONCBeOne Medicines Ltd ADR0.03
NWSANews Corp Class A0.03
NTNXNutanix Inc Class A0.03
ONBOld National Bancorp0.03
TTDThe Trade Desk Inc Class A0.03
IESCIES Holdings Inc0.03
CARTMaplebear Inc0.03
ENLTEnlight Renewable Energy Ltd0.03
AGNCAGNC Investment Corp0.03
REGRegency Centers Corp0.03
GLPIGaming and Leisure Properties Inc0.03
HSTHost Hotels & Resorts Inc0.03
LAMRLamar Advertising Co Class A0.03
NXSTNexstar Media Group Inc0.02
RYTMRhythm Pharmaceuticals Inc0.02
CGONCG Oncology Inc0.02
MORNMorningstar Inc0.02
CZRCaesars Entertainment Inc0.02
AVTAvnet Inc0.02
UFPIUFP Industries Inc0.02
KYMRKymera Therapeutics Inc Ordinary Shares0.02
ALGMAllegro Microsystems Inc Ordinary Shares0.02
URBNUrban Outfitters Inc0.02
SSRMSSR Mining Inc0.02
SLABSilicon Laboratories Inc0.02
CIGIColliers International Group Inc Shs Subord Voting0.02
ALKSAlkermes PLC0.02
VSATViasat Inc0.02
LSTRLandstar System Inc0.02
CHDNChurchill Downs Inc0.02
MIDDThe Middleby Corp0.02
ABVXAbivax SA ADR0.02
BCPCBalchem Corp0.02
PLXSPlexus Corp0.02
QRVOQorvo Inc0.02
POWLPowell Industries Inc0.02
RGENRepligen Corp0.02
COGTCogent Biosciences Inc0.02
SMTCSemtech Corp0.02
CRUSCirrus Logic Inc0.02
APLDApplied Digital Corp0.02
ACTEnact Holdings Inc0.02
UBSIUnited Bankshares Inc0.02
CBCCentral Bancompany Inc Class A0.02
PCTYPaylocity Holding Corp0.02
PTGXProtagonist Therapeutics Inc0.02
CHYMChime Financial Inc Ordinary Shares - Class A0.02
ACLXArcellx Inc0.02
CPBThe Campbell's Co0.02
SNEXStoneX Group Inc0.02
AAONAAON Inc0.02
HALOHalozyme Therapeutics Inc0.02
DSGThe Descartes Systems Group Inc0.02
DOXAmdocs Ltd0.02
AURAurora Innovation Inc Class A0.02
SYMSymbotic Inc Ordinary Shares - Class A0.02
LBRDKLiberty Broadband Corp Registered Shs Series -C-0.02
BTSGBrightSpring Health Services Inc0.02
HTHTH World Group Ltd ADR0.02
HQYHealthEquity Inc0.02
FSVFirstService Corp Ordinary Shares0.02
AUGOAura Minerals Inc0.02
SFMSprouts Farmers Market Inc0.02
IBRXImmunityBio Inc Ordinary Shares0.02
PEGAPegasystems Inc0.02
KRYSKrystal Biotech Inc0.02
ZZillow Group Inc Class C0.02
TEMTempus AI Inc Class A common stock0.02
POOLPool Corp0.02
MTCHMatch Group Inc Ordinary Shares - New0.02
MANHManhattan Associates Inc0.02
VCTRVictory Capital Holdings Inc Class A0.02
TGTXTG Therapeutics Inc0.02
ROADConstruction Partners Inc Class A0.02
CRSPCRISPR Therapeutics AG0.02
TCBITexas Capital Bancshares Inc0.02
IMVTImmunovant Inc0.02
APGEApogee Therapeutics Inc0.02
ACIWACI Worldwide Inc0.02
VICRVicor Corp0.02
HUTHut 8 Corp0.02
OSISOSI Systems Inc0.02
GLBEGlobal E Online Ltd0.02
REYNReynolds Consumer Products Inc Ordinary Shares0.02
APLSApellis Pharmaceuticals Inc0.02
NICENICE Ltd ADR0.02
AALAmerican Airlines Group Inc0.02
SIGISelective Insurance Group Inc0.02
SRRKScholar Rock Holding Corp0.02
HWCHancock Whitney Corp0.02
GLNGGolar LNG Ltd0.02
MYRGMYR Group Inc0.02
VLYValley National Bancorp0.02
LAURLaureate Education Inc Shs0.02
VODVodafone Group PLC ADR0.02
IEPIcahn Enterprises LP Depositary Units Repr Units of LP Interests0.02
FROGJFrog Ltd Ordinary Shares0.02
CELCCelcuity Inc0.02
WFRDWeatherford International PLC Ordinary Shares - New0.02
OTEXOpen Text Corp0.02
XENEXenon Pharmaceuticals Inc0.02
LNTHLantheus Holdings Inc0.02
AAOIApplied Optoelectronics Inc0.02
EBCEastern Bankshares Inc Ordinary Shares0.02
WAYWaystar Holding Corp0.02
CNTACentessa Pharmaceuticals PLC ADR0.02
PSMTPricesmart Inc0.02
CENXCentury Aluminum Co0.02
TERNTerns Pharmaceuticals Inc Ordinary Shares0.02
FIGRFigure Technology Solutions Inc Ordinary Shares-Class A0.02
MXMethanex Corp0.02
LOPEGrand Canyon Education Inc0.02
MKTXMarketAxess Holdings Inc0.02
TPGTPG Inc Ordinary Shares - Class A0.02
EXLSExlService Holdings Inc0.02
IPGPIPG Photonics Corp0.02
WULFTeraWulf Inc0.02
BRKRBruker Corp0.02
OLLIOllie's Bargain Outlet Holdings Inc0.02
IDCCInterDigital Inc0.02
CAMTCamtek Ltd0.02
ZIONZions Bancorp NA0.02
SAILSailPoint Inc0.02
VIAVViavi Solutions Inc0.02
VNOMViper Energy Inc Ordinary Shares - Class A0.02
CBSHCommerce Bancshares Inc0.02
SWKSSkyworks Solutions Inc0.02
SANMSanmina Corp0.02
FORMFormFactor Inc0.02
COLBColumbia Banking System Inc0.02
CYTKCytokinetics Inc0.02
XPXP Inc Class A0.02
TTEKTetra Tech Inc0.02
TECHBio-Techne Corp0.02
ICLRIcon PLC0.02
SIRISirius XM Holdings Inc0.02
LKQLKQ Corp0.02
CGNXCognex Corp0.02
UMBFUMB Financial Corp0.02
HSICHenry Schein Inc0.02
GSATGlobalstar Inc0.02
NUVLNuvalent Inc Class A0.02
PCVXVaxcyte Inc Ordinary Shares0.02
LFUSLittelfuse Inc0.02
ARWRArrowhead Pharmaceuticals Inc0.02
AXSMAxsome Therapeutics Inc0.02
MASIMasimo Corp0.02
BOKFBOK Financial Corp0.02
Nasdaq 100 E-Mini F Jun26 Nqm60.02
PECOPhillips Edison & Co Inc Ordinary Shares - New0.02
LINELineage Inc REIT0.02
SBRASabra Health Care REIT Inc0.02
KMTSKestra Medical Technologies Ltd0.01
ABCLAbCellera Biologics Inc Ordinary Shares0.01
HTZHertz Global Holdings Inc Ordinary Shares (New)0.01
GPREGreen Plains Inc0.01
WLDNWilldan Group Inc0.01
PGNYProgyny Inc0.01
NKTRNektar Therapeutics0.01
BLBlackLine Inc0.01
TENBTenable Holdings Inc0.01
SPSCSPS Commerce Inc0.01
EZPWEZCORP Inc Registered Shs -A- Non Vtg0.01
GGALGrupo Financiero Galicia SA ADR0.01
IOSPInnospec Inc0.01
MCRIMonarch Casino & Resort Inc0.01
VRRMVerra Mobility Corp Class A0.01
CENTACentral Garden & Pet Co Class A0.01
SKWDSkyward Specialty Insurance Group Inc0.01
AVPTAvePoint Inc Ordinary Shares - Class A0.01
LBTYKLiberty Global Ltd Class C0.01
CHCOCity Holding Co0.01
DAWNDay One Biopharmaceuticals Inc0.01
BILIBilibili Inc ADR0.01
ETOREtoro Group Ltd Ordinary Shares - Class A0.01
ZDZiff Davis Inc0.01
OSOneStream Inc Class A common stock0.01
SRCE1st Source Corp0.01
DLODLocal Ltd Class A0.01
SLDESlide Insurance Holdings Inc0.01
PHVSPharvaris NV Ordinary Shares0.01
NSITInsight Enterprises Inc0.01
NVAXNovavax Inc0.01
BCAXBicara Therapeutics Inc0.01
HNRGHallador Energy Co0.01
IOVAIovance Biotherapeutics Inc0.01
RCATRed Cat Holdings Inc0.01
SGMLSigma Lithium Corp0.01
SVRASavara Inc0.01
CRONCronos Group Inc0.01
MBLYMobileye Global Inc Ordinary Shares - Class A0.01
TNDMTandem Diabetes Care Inc0.01
QFINQfin Holdings Inc ADR0.01
PLTKPlaytika Holding Corp Ordinary Shares0.01
HPKHighPeak Energy Inc Ordinary Shares0.01
TIPTTiptree Inc0.01
PRGSProgress Software Corp0.01
NMPNMP Acquisition Corp Class A ordinary shares0.01
RUMRumble Inc0.01
KDKKodiak AI Inc0.01
WGSGeneDx Holdings Corp Ordinary Shares - Class A0.01
LLYVKLiberty Live Holdings Inc Ordinary Shares (Liberty Live Group) Series C0.01
ZGZillow Group Inc Class A0.01
AVAHAveanna Healthcare Holdings Inc0.01
AFYAAfya Ltd Class A0.01
GCTGigaCloud Technology Inc Class A0.01
PVLAPalvella Therapeutics Inc0.01
HTBKHeritage Commerce Corp0.01
VIRVir Biotechnology Inc0.01
XMTRXometry Inc Ordinary Shares - Class A0.01
FLYWFlywire Corp0.01
ICHRIchor Holdings Ltd0.01
VRDNViridian Therapeutics Inc0.01
SEZLSezzle Inc0.01
CNXCConcentrix Corp Ordinary Shares0.01
WRDWeRide Inc ADR0.01
UPSTUpstart Holdings Inc Ordinary Shares0.01
ADPTAdaptive Biotechnologies Corp0.01
ALGTAllegiant Travel Co0.01
WENThe Wendy's Co Class A0.01
SMPLThe Simply Good Foods Co0.01
AMALAmalgamated Financial Corp Ordinary Shares Class A0.01
TILEInterface Inc0.01
UFPTUFP Technologies Inc0.01
NESRNational Energy Services Reunited Corp0.01
QSQuantumScape Corp Ordinary Shares - Class A0.01
CHEFThe Chefs' Warehouse Inc0.01
SEDGSolarEdge Technologies Inc0.01
PLUGPlug Power Inc0.01
WAFDWaFd Inc0.01
NTCTNetScout Systems Inc0.01
LFSTLifeStance Health Group Inc Ordinary Shares0.01
ONDSOndas Inc0.01
LQDALiquidia Corp Ordinary Shares0.01
PPTAPerpetua Resources Corp0.01
GLXYGalaxy Digital Inc Ordinary Shares - Class A0.01
VCVisteon Corp0.01
DOOBRP Inc Shs Subord.Voting0.01
PRDOPerdoceo Education Corp0.01
RUNSunrun Inc0.01
ANDEAndersons Inc0.01
ELVNEnliven Therapeutics Inc0.01
CPRXCatalyst Pharmaceuticals Inc0.01
FRPTFreshpet Inc0.01
CARGCarGurus Inc Class A0.01
TRMKTrustmark Corp0.01
NAVNNavan Inc Ordinary Shares - Class A0.01
LMATLeMaitre Vascular Inc0.01
DUOLDuolingo Inc0.01
QLYSQualys Inc0.01
ERICTelefonaktiebolaget L M Ericsson ADR0.01
TXG10x Genomics Inc Ordinary Shares - Class A0.01
CRVLCorVel Corp0.01
PLABPhotronics Inc0.01
INDVIndivior Pharmaceuticals Inc Ordinary Share0.01
SYNASynaptics Inc0.01
LASRnLight Inc0.01
WDFCWD-40 Co0.01
WSCWillScot Holdings Corp Ordinary Shares - Class A0.01
LCIDLucid Group Inc Shs0.01
CVBFCVB Financial Corp0.01
CAKEThe Cheesecake Factory Inc0.01
RELYRemitly Global Inc0.01
FFBCFirst Financial Bancorp0.01
SBLKStar Bulk Carriers Corp0.01
ADEAAdeia Inc0.01
RRRRed Rock Resorts Inc Class A0.01
MGRCMcGrath RentCorp0.01
ALHCAlignment Healthcare Inc0.01
TARSTarsus Pharmaceuticals Inc Ordinary Shares0.01
DNTHDianthus Therapeutics Inc0.01
SFNCSimmons First National Corp Class A0.01
LILi Auto Inc ADR0.01
TWSTTwist Bioscience Corp0.01
ACLSAxcelis Technologies Inc0.01
MRXMarex Group PLC0.01
NMIHNMI Holdings Inc0.01
MGEEMGE Energy Inc0.01
ACADACADIA Pharmaceuticals Inc0.01
COLMColumbia Sportswear Co0.01
MBINMerchants Bancorp0.01
STRAStrategic Education Inc0.01
EEFTEuronet Worldwide Inc0.01
BELFBBel Fuse Inc Class B0.01
ARQTArcutis Biotherapeutics Inc Ordinary Shares0.01
TBBKThe Bancorp Inc0.01
BHFBrighthouse Financial Inc Registered Shs When Issued0.01
ALRMAlarm.com Holdings Inc0.01
BEAMBeam Therapeutics Inc0.01
NYAXNayax Ltd0.01
BANRBanner Corp0.01
HUBGHub Group Inc Class A0.01
DBXDropbox Inc Class A0.01
PLBLPolibeli Group Ltd Ordinary Shares - Class A0.01
TVTXTravere Therapeutics Inc Ordinary Shares0.01
VISNVistance Networks Inc0.01
NNNextNav Inc0.01
PENNPENN Entertainment Inc0.01
MARAMARA Holdings Inc0.01
MWHSOLV Energy Inc Class A0.01
MMYTMakeMyTrip Ltd0.01
LBTYALiberty Global Ltd Ordinary Shares - Class A0.01
CLMTCalumet Inc0.01
HTOH2O America0.01
KNSAKiniksa Pharmaceuticals International PLC Class A0.01
ORKAOruka Therapeutics Inc0.01
ARCBArcBest Corp0.01
DJTTrump Media & Technology Group Corp0.01
IPARInterparfums Inc0.01
VECOVeeco Instruments Inc0.01
DXPEDXP Enterprises Inc0.01
MNDYMonday.Com Ltd Ordinary Shares0.01
INTRInter & Co Inc Ordinary Shares - Class A0.01
FOLDAmicus Therapeutics Inc0.01
XRAYDentsply Sirona Inc0.01
PRVAPrivia Health Group Inc0.01
TMDXTransMedics Group Inc0.01
HYMCHycroft Mining Holding Corp Ordinary Shares Class A0.01
BATRKAtlanta Braves Holdings Inc Class C0.01
NBTBNBT Bancorp Inc0.01
AIIAlmonty Industries Inc0.01
BUSEFirst Busey Corp0.01
CLDXCelldex Therapeutics Inc0.01
USARUSA Rare Earth Inc0.01
FRMEFirst Merchants Corp0.01
GTXGarrett Motion Inc Ordinary Shares - New0.01
COCOThe Vita Coco Co Inc0.01
OSWOneSpaWorld Holdings Ltd0.01
CVLTCommVault Systems Inc0.01
AGIOAgios Pharmaceuticals Inc0.01
PTENPatterson-UTI Energy Inc0.01
IBOCInternational Bancshares Corp0.01
SAICScience Applications International Corp0.01
SBCFSeacoast Banking Corp of Florida0.01
PLMRPalomar Holdings Inc0.01
FTDRFrontdoor Inc0.01
IRDMIridium Communications Inc0.01
IRTCiRhythm Holdings Inc0.01
GPCRStructure Therapeutics Inc ADR0.01
DNLIDenali Therapeutics Inc0.01
SUPNSupernus Pharmaceuticals Inc0.01
ICUIICU Medical Inc0.01
IDYAIDEAYA Biosciences Inc0.01
STNEStoneCo Ltd Class A0.01
POWIPower Integrations Inc0.01
IACIAC Inc Ordinary Shares - New0.01
TRMD ATORM PLC Class A0.01
FHBFirst Hawaiian Inc0.01
DORMDorman Products Inc0.01
CCCCCC Intelligent Solutions Holdings Inc0.01
CRNXCrinetics Pharmaceuticals Inc0.01
JOYYJOYY Inc ADR0.01
GDSGDS Holdings Ltd ADR0.01
SRADSportradar Group AG Class A0.01
BLLNBillionToOne Inc Ordinary Shares - Class A0.01
SIMOSilicon Motion Technology Corp ADR0.01
EQPTEquipmentShare.com Inc Class A0.01
NWSNews Corp Class B0.01
EXPOExponent Inc0.01
CORTCorcept Therapeutics Inc0.01
EWTXEdgewise Therapeutics Inc0.01
CLBTCellebrite DI Ltd0.01
TOWNTowne Bank0.01
CALMCal-Maine Foods Inc0.01
OPCHOption Care Health Inc0.01
LIVNLivaNova PLC0.01
FIZZNational Beverage Corp0.01
CVCOCavco Industries Inc0.01
WINGWingstop Inc0.01
EMATEvolution Metals & Technologies Corp0.01
DIODDiodes Inc0.01
BGCBGC Group Inc Ordinary Shares Class A0.01
MCHBMechanics Bancorp Ordinary Shares - Class A0.01
WMGWarner Music Group Corp Ordinary Shares - Class A0.01
LGNDLigand Pharmaceuticals Inc0.01
WSBCWesbanco Inc0.01
CORZCore Scientific Inc Ordinary Shares - New0.01
OPENOpendoor Technologies Inc Ordinary Shares - Class A0.01
FIBKFirst Interstate BancSystem Inc0.01
NAMSNewAmsterdam Pharma Co NV0.01
HLNEHamilton Lane Inc Class A0.01
HWKNHawkins Inc0.01
ITRIItron Inc0.01
CATYCathay General Bancorp0.01
KLICKulicke & Soffa Industries Inc0.01
OLEDUniversal Display Corp0.01
LGNLegence Corp Ordinary Shares - Class A0.01
RGTIRigetti Computing Inc0.01
RDNTRadNet Inc0.01
BLKBBlackbaud Inc0.01
JJSFJ&J Snack Foods Corp0.01
QCRHQCR Holdings Inc0.01
CNXNPC Connection Inc0.01
HOPEHope Bancorp Inc0.01
PLPCPreformed Line Products Co0.01
SOUNSoundHound AI Inc Ordinary Shares - Class A0.01
PTRNPattern Group Inc Ordinary Shares - Series A0.01
CNOBConnectOne Bancorp Inc0.01
VCELVericel Corp0.01
VEONVEON Ltd ADR0.01
AMSCAmerican Superconductor Corp0.01
KODKodiak Sciences Inc0.01
JBLUJetBlue Airways Corp0.01
OCSOculis Holding AG0.01
CLSKCleanspark Inc0.01
BWINThe Baldwin Insurance Group Inc Class A0.01
NCNONcino Inc Ordinary Shares0.01
KALVKalVista Pharmaceuticals Inc0.01
NSSCNAPCO Security Technologies Inc0.01
SONOSonos Inc0.01
OCULOcular Therapeutix Inc0.01
RBCAARepublic Bancorp Inc Class A0.01
BFCBank First Corp0.01
SHENShenandoah Telecommunications Co0.01
RDWRRadware Ltd0.01
ALKTAlkami Technology Inc0.01
IMKTAIngles Markets Inc Class A0.01
MLYSMineralys Therapeutics Inc0.01
BLTEBelite Bio Inc ADR0.01
HCSGHealthcare Services Group Inc0.01
SLNOSoleno Therapeutics Inc0.01
PEBOPeoples Bancorp Inc (Marietta OH)0.01
UPWKUpwork Inc0.01
ANABAnaptysBio Inc0.01
HTLDHeartland Express Inc0.01
PDFSPDF Solutions Inc0.01
PGENPrecigen Inc0.01
BFSTBusiness First Bancshares Inc0.01
ACDCProFrac Holding Corp Ordinary Shares Class A0.01
OPKOPKO Health Inc0.01
RAPPRapport Therapeutics Inc0.01
ALMSAlumis Inc0.01
BRZEBraze Inc Class A0.01
DGIIDigi International Inc0.01
AXTIAXT Inc0.01
BLBDBlue Bird Corp0.01
PIImpinj Inc0.01
ECPGEncore Capital Group Inc0.01
GMABGenmab AS ADR0.01
LUNRIntuitive Machines Inc Ordinary Shares - Class A0.01
HTFLHeartFlow Inc0.01
DSGRDistribution Solutions Group Inc0.01
TYRATyra Biosciences Inc0.01
KAROKarooooo Ltd0.01
STBAS&T Bancorp Inc0.01
WERNWerner Enterprises Inc0.01
INTAIntapp Inc0.01
COHUCohu Inc0.01
SRPTSarepta Therapeutics Inc0.01
STGWStagwell Inc Ordinary Shares - Class A0.01
EYENational Vision Holdings Inc0.01
GABCGerman American Bancorp Inc0.01
ACMRACM Research Inc Class A0.01
FRSHFreshworks Inc Ordinary Shares Class A0.01
RAREUltragenyx Pharmaceutical Inc0.01
QMMMQMMM Holdings Ltd Ordinary Shares - Class A0.01
AHCOAdaptHealth Corp Ordinary Shares0.01
LILAKLiberty Latin America Ltd Class C0.01
IMNMImmunome Inc Ordinary Shares0.01
ZYMEZymeworks Inc Registered Shs0.01
PAYOPayoneer Global Inc0.01
AGYSAgilysys Inc0.01
INVAInnoviva Inc0.01
PLUSePlus Inc0.01
DRVNDriven Brands Holdings Inc Ordinary Shares0.01
VERAVera Therapeutics Inc Class A0.01
KYIVKyivstar Group Ltd0.01
NEXTNextDecade Corp0.01
OLPXOlaplex Holdings Inc0.01
FWONALiberty Media Corp Registered Shs Series -A- Formula One0.01
GTMZoomInfo Technologies Inc0.01
MLTXMoonLake Immunotherapeutics Class A0.01
LEGNLegend Biotech Corp ADR0.01
DAVEDave Inc Ordinary Shares - Class A0.01
ADMAADMA Biologics Inc0.01
GRALGRAIL Inc0.01
ATRCAtriCure Inc0.01
SIONSionna Therapeutics Inc0.01
UPBDUpbound Group Inc0.01
AMLXAmylyx Pharmaceuticals Inc0.01
TMCTMC The Metals Co Inc0.01
ARDXArdelyx Inc0.01
OMCLOmnicell Inc0.01
IMTXImmatics NV Ordinary Shares0.01
EXPIeXp World Holdings Inc0.01
JCAPJefferson Capital Inc0.01
ESTAEstablishment Labs Holdings Inc0.01
UVSPUnivest Financial Corp0.01
NRIXNurix Therapeutics Inc Ordinary Shares0.01
GERNGeron Corp0.01
ICFIICF International Inc0.01
LMBLimbach Holdings Inc0.01
GENBGenerate Biomedicines Inc0.01
NWLNewell Brands Inc0.01
NTLAIntellia Therapeutics Inc0.01
AVBPArriVent BioPharma Inc0.01
HRMYHarmony Biosciences Holdings Inc Ordinary Shares0.01
CGEMCullinan Therapeutics Inc0.01
RXRXRecursion Pharmaceuticals Inc Class A0.01
STOKStoke Therapeutics Inc0.01
IMCRImmunocore Holdings PLC ADR0.01
ALNTAllient Inc0.01
LLYVALiberty Live Holdings Inc Ordinary Shares (Liberty Live Group) Series A0.01
QUBTQuantum Computing Inc0.01
SGRYSurgery Partners Inc0.01
NVCRNovoCure Ltd0.01
MGNIMagnite Inc0.01
CRTOCriteo SA ADR0.01
NVTSNavitas Semiconductor Corp Class A0.01
FMBHFirst Mid Bancshares Inc0.01
ANIPANI Pharmaceuticals Inc0.01
MSEXMiddlesex Water Co0.01
NMRKNewmark Group Inc Class A0.01
UCTTUltra Clean Holdings Inc0.01
MCWMister Car Wash Inc0.01
FBNCFirst Bancorp0.01
PATKPatrick Industries Inc0.01
MMEDMinimed Group Inc0.01
VKTXViking Therapeutics Inc0.01
STEPStepStone Group Inc Ordinary Shares - Class A0.01
SKYWSkyWest Inc0.01
BANFBancFirst Corp0.01
WSFSWSFS Financial Corp0.01
CROXCrocs Inc0.01
ARLPAlliance Resource Partners LP0.01
SLMSLM Corp0.01
FULTFulton Financial Corp0.01
AMRXAmneal Pharmaceuticals Inc Ordinary Shares - Class A0.01
ATATAtour Lifestyle Holdings Ltd ADR0.01
MZTIThe Marzetti Co0.01
MATMattel Inc0.01
INDBIndependent Bank Corp0.01
OZKBank OZK0.01
OTTROtter Tail Corp0.01
RIOTRiot Platforms Inc0.01
APPFAppFolio Inc Class A0.01
FSLYFastly Inc Class A0.01
ASOAcademy Sports and Outdoors Inc Ordinary Shares0.01
PTCTPTC Therapeutics Inc0.01
ERASErasca Inc0.01
BZKanzhun Ltd ADR0.01
VSECVSE Corp0.01
USLMUnited States Lime & Minerals Inc0.01
GNTXGentex Corp0.01
SHCSotera Health Co Ordinary Shares0.01
FLYFirefly Aerospace Inc0.01
CIFRCipher Digital Inc0.01
LYFTLyft Inc Class A0.01
CAICaris Life Sciences Inc0.01
TFSLTFS Financial Corp0.01
SYRESpyre Therapeutics Inc0.01
ENPHEnphase Energy Inc0.01
FELEFranklin Electric Co Inc0.01
WIXWix.com Ltd0.01
CWSTCasella Waste Systems Inc Class A0.01
RUSHARush Enterprises Inc Class A0.01
NWENorthWestern Energy Group Inc0.01
VSNTVersant Media Group Inc Class A0.01
MRCYMercury Systems Inc0.01
TTANServiceTitan Inc Class A Ordinary Shares0.01
PAGPPlains GP Holdings LP Class A0.01
NOVTNovanta Inc0.01
MMSIMerit Medical Systems Inc0.01
CACCCredit Acceptance Corp0.01
MIRMMirum Pharmaceuticals Inc0.01
FFINFirst Financial Bankshares Inc0.01
CARAvis Budget Group Inc0.01
TCBKTriCo Bancshares0.01
MQMarqeta Inc Class A0.01
AMBAAmbarella Inc0.01
CMPRCimpress PLC0.01
AUPHAurinia Pharmaceuticals Inc0.01
SNDXSyndax Pharmaceuticals Inc0.01
DCOMDime Community Bancshares Inc0.01
GTGoodyear Tire & Rubber Co0.01
TRSTriMas Corp0.01
HLMNHillman Solutions Corp Shs0.01
RLAYRelay Therapeutics Inc Ordinary Shares0.01
WINAWinmark Corp0.01
ADUSAddus HomeCare Corp0.01
LKFNLakeland Financial Corp0.01
MXLMaxLinear Inc0.01
LINCLincoln Educational Services Corp0.01
ORICORIC Pharmaceuticals Inc0.01
ATROAstronics Corp0.01
BHRBBurke & Herbert Financial Services Corp0.01
BULLWebull Corp Class A Ordinary Shares0.01
FCBCFirst Community Bankshares Inc0.01
PRCTPROCEPT BioRobotics Corp0.01
ATECAlphatec Holdings Inc0.01
WBTNWebtoon Entertainment Inc0.01
AXGNAxogen Inc0.01
ASTHAstrana Health Inc0.01
FLNCFluence Energy Inc Class A0.01
TRVITrevi Therapeutics Inc0.01
MBWMMercantile Bank Corp0.01
PTONPeloton Interactive Inc0.01
CSGSCSG Systems International Inc0.01
EXTRExtreme Networks Inc0.01
SYBTStock Yards Bancorp Inc0.01
EFSCEnterprise Financial Services Corp0.01
DFTXDefinium Therapeutics Inc Ordinary Shares0.01
CECOCECO Environmental Corp0.01
NEOGNeogen Corp0.01
EVCMEverCommerce Inc0.01
BCRXBioCryst Pharmaceuticals Inc0.01
CASHPathward Financial Inc0.01
IRONDisc Medicine Inc Ordinary Shares0.01
ACHCAcadia Healthcare Co Inc0.01
LIFLife360 Inc Common Stock0.01
NWBINorthwest Bancshares Inc0.01
TNGXTango Therapeutics Inc0.01
VCYTVeracyte Inc0.01
CHCIComstock Holding Co Inc Class A0.01
VRNSVaronis Systems Inc0.01
FAFirst Advantage Corp0.01
SHOOSteven Madden Ltd0.01
GTLBGitLab Inc Class A0.01
DYNDyne Therapeutics Inc Ordinary Shares0.01
HURNHuron Consulting Group Inc0.01
CLBKColumbia Financial Inc0.01
KALUKaiser Aluminum Corp0.01
FRMIFermi Inc0.01
DHCDiversified Healthcare Trust0.01
ADAMAdamas Trust Inc0.01
UNITUniti Group Inc0.01
DRHDiamondrock Hospitality Co0.01
United States Treasury Bills 0%0.01
European Monetary Unit (Euro)0.00
Uk Pound0.00
Swiss Franc0.00
Tobira Therapeutics Inc (Cvr)0.00
Sanofi Cvr Rt0.00
Satsuma Pharmaceuticals Inc0.00
Kinnate Biopharma Cvr Rt0.00
OZONOzon Holdings PLC ADR0.00
Astrazeneca Plc0.00
Clementia Pharmaceutical (Cvr)0.00
Applied Genetic Tech Corp Cvr0.00
BGMBGM Group Ltd Ordinary Shares - Class A0.00
Omniab Inc - 12.5 Earnout0.00
Omniab Inc - 15.00 Earnout0.00
LGNZZMetabasis Therapeutics Inc Contingent Value Rights 2010-15.02.200.00
ARVNArvinas Inc0.00
ALVOAlvotech0.00
LGIHLGI Homes Inc0.00
ULHUniversal Logistics Holdings Inc0.00
MAZEMaze Therapeutics Inc0.00
PZZAPapa John's International Inc0.00
CBLLCeriBell Inc0.00
GILTGilat Satellite Networks Ltd0.00
PSIXPower Solutions International Inc0.00
MBXMBX Biosciences Inc0.00
CAPRCapricor Therapeutics Inc0.00
HIMXHimax Technologies Inc ADR0.00
ENVXEnovix Corp0.00
SHLSShoals Technologies Group Inc Ordinary Shares - Class A0.00
XNCRXencor Inc0.00
MLCOMelco Resorts and Entertainment Ltd ADR0.00
WLTHWealthfront Corp0.00
WVEWAVE Life Sciences Ltd0.00
VNETVNET Group Inc ADR0.00
CRVSCorvus Pharmaceuticals Inc0.00
HROWHarrow Inc0.00
DSGNDesign Therapeutics Inc0.00
SKYTSkyWater Technology Inc0.00
QDELQuidelOrtho Corp0.00
SNDSmart Sand Inc0.00
PCTPureCycle Technologies Inc Ordinary Shares0.00
AEHRAehr Test Systems0.00
ISTRInvestar Holding Corp0.00
ANNXAnnexon Inc Ordinary Shares0.00
MTRXMatrix IT Ltd0.00
SEPNSepterna Inc0.00
SOCASolarius Capital Acquisition Corp Class A0.00
EOSEEos Energy Enterprises Inc Ordinary Shares Class A0.00
GSHDGoosehead Insurance Inc Class A0.00
AVIRAtea Pharmaceuticals Inc Ordinary Shares0.00
TSHATaysha Gene Therapies Inc Ordinary Shares0.00
BCBPBCB Bancorp Inc0.00
CERTCertara Inc Ordinary Shares0.00
MBAVM3-Brigade Acquisition V Corp Class A ordinary shares0.00
ARRYArray Technologies Inc Ordinary Shares0.00
IPCXInflection Point Acquisition Corp III Ordinary Shares - Class A0.00
CCOICogent Communications Holdings Inc0.00
BIOABioage Labs Inc0.00
JBIOJade Biosciences Inc0.00
EYPTEyePoint Inc0.00
DMRADamora Therapeutics Inc Ordinary Shares0.00
ATAIAtaiBeckley Inc0.00
OMEROmeros Corp0.00
GLUEMonte Rosa Therapeutics Inc0.00
SPEGSilver Pegasus Acquisition Corp Class A0.00
CMPXCompass Therapeutics Inc Ordinary Shares0.00
OUSTOuster Inc Ordinary Shares - Class A0.00
INBKFirst Internet Bancorp0.00
METCRamaco Resources Inc Class A0.00
PLSEPulse Biosciences Inc0.00
IGICInternational General Insurance Holdings Ltd Ordinary Shares0.00
INBXInhibrx Biosciences Inc0.00
FTREFortrea Holdings Inc0.00
SBETSharplink Inc Ordinary Shares0.00
LWLGLightwave Logic Inc0.00
LMRILumexa Imaging Holdings Inc0.00
NKLRTerra Innovatum Global NV0.00
NEGGNewegg Commerce Inc Ordinary Shares0.00
ADVAdvantage Solutions Inc Ordinary Shares - Class A0.00
GRNQGreenpro Capital Corp0.00
TLRYTilray Brands Inc0.00
CLOVClover Health Investments Corp Ordinary Shares - Class A0.00
NNBRNN Inc0.00
YDESYD Bio Ltd0.00
MVSTMicrovast Holdings Inc0.00
FORRForrester Research Inc0.00
MNTKMontauk Renewables Inc Ordinary Shares0.00
BYFCBroadway Financial Corp Ordinary Shares - Class A0.00
OXBROxbridge Re Holdings Ltd0.00
CENNCenntro Inc0.00
RNTXRein Therapeutics Inc0.00
SCORcomScore Inc0.00
OWLSOBOOK Holdings Inc Ordinary Shares - Class A0.00
MENSJyong Biotech Ltd0.00
CYCNCyclerion Therapeutics Inc Ordinary Shares0.00
ABMDAbiomed Inc0.00
BRIDBridgford Foods Corp0.00
BTDRBitdeer Technologies Group Ordinary Shares Class A0.00
REALThe RealReal Inc0.00
WOOFPetco Health and Wellness Co Inc Ordinary Shares - Class A0.00
SPRYARS Pharmaceuticals Inc0.00
ZBIOZenas BioPharma Inc0.00
BITFBitfarms Ltd0.00
NBNioCorp Developments Ltd0.00
CEPFCantor Equity Partners IV Inc Ordinary Shares - Class A0.00
GLIBKGCI Liberty Inc Ordinary Shares - Series C0.00
INODInnodata Inc0.00
FTEKFuel Tech Inc0.00
QUREuniQure NV0.00
OLMAOlema Pharmaceuticals inc Ordinary Shares0.00
CSIQCanadian Solar Inc0.00
RZLVRezolve AI PLC0.00
SLSSELLAS Life Sciences Group Inc0.00
ELEElemental Royalty Corp Ordinary Shares0.00
NNENano Nuclear Energy Inc0.00
AEVAAeva Technologies Inc Ordinary Shares0.00
SOPHSophia Genetics SA0.00
URGNUroGen Pharma Ltd0.00
SANASana Biotechnology Inc Ordinary Shares0.00
CRMLCritical Metals Corp0.00
OCGNOcugen Inc0.00
Sesen Bio Inc Cvr Rt0.00
OPENDOOR TECHN WT 11/20/260.00
OPENDOOR TECHN WT 11/20/260.00
OPENDOOR TECH WT 11/20/260.00
Cincor Pharma Inc Cvr Rt0.00
Dova Pharma Inc(Cvr) Rt0.00
Mirati Therapeutics Inc Cvr Rt0.00
Avadel Pharmaceuticals Plc0.00
Roche Holding Ag Cvr0.00
Ligand Pharmaceuticals ([Wts/Rts])0.00
Ligand Pharmaceuticals ([Wts/Rts])0.00
Ligand Pharmaceuticals ([Wts/Rts])0.00

†Part or all of this cash position may represent cash-in-lieu of marketable securities and not actual cash. ETF shares are created when a large institutional investor called an Authorized Participant deposits a portfolio of stocks into the fund in exchange for an institutional block of ETF shares (usually 50,000). This is referred to as "in kind" creation because a basket of stocks is exchanged for ETF shares rather than using cash. However, some ETFs allow for the creation (and redemption) of ETF shares in cash in certain circumstances rather than through "in kind" creation.

Top basket holdings are as of the date indicated and may not be representative of the fund's current or future investments. ETF shares are created when a large institutional investor called an Authorized Participant deposits a portfolio of securities into the fund (a "Basket") in exchange for an institutional block of ETF shares (usually 50,000). This is referred to as "in kind" creation because a basket of securities is exchanged for ETF shares rather than using cash. In the case of redemptions, the ETF sponsor returns a basket of securities to the Authorized Participant in exchange for an institutional block of ETF shares. The Basket Holdings is the portfolio of securities that can be exchanged on a daily basis for ETF shares. In some circumstances, cash may be accepted in lieu of some or all of the securities in the Basket.